my trade is in severe loss buying price 0.7190 and now 0.6820 in long kindly tell me what can I do ???
BlockJammer
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$IO
/USDT Technical Analysis Report
IO/USDT is showing a resilient bullish momentum, trading at $0.699 with a 2.64% gain on the day. After testing the 24h low of $0.670, the price rebounded sharply, approaching the key resistance zone near $0.753. This recovery reflects renewed investor confidence, with daily trading volumes hitting 21.89M IO and strong backing from USDT volume at 15.68M — a solid sign of active market participation. The price action on lower timeframes indicates a potential breakout setup brewing, making it an exciting opportunity for traders looking to catch the next leg up.
From a technical standpoint, IO is now positioned just below its short-term resistance, with support forming firmly near $0.678. A bullish continuation above $0.753 could open the doors for a rally toward the $0.78–$0.80 psychological zone. The upward slope in the price channel, combined with sustained buying volume, supports a positive outlook. Traders should watch for a clean break and candle close above resistance to confirm the uptrend. With momentum building and structure holding, IO is shaping up as one of the most attractive infrastructure plays in the current market.
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